Ask Experts Questions for FREE Help !
Ask
    secretsquirrell's Avatar
    secretsquirrell Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jun 29, 2012, 04:52 AM
    Second cardholder
    As a second cardholder on my partners credit card, if we were to split up, would I be liable for the debt? Almost nothing on it was for me, and I am worried I will be liable for half the money.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
    		  
    #2

    Jun 29, 2012, 05:43 AM
    Quote Originally Posted by secretsquirrell View Post
    As a second cardholder on my partners credit card, if we were to split up, would I be liable for the debt?
    Yes, if you co-signed the application form. But if instead your partner had the card company issue a second card with your name on it using an existing account, where you signed nothing yourself, then no (similar to when a parent gets an additional card for a teenager to have "just in case" - the parent is responsible for what the teen buys).

    Quote Originally Posted by secretsquirrell View Post
    Almost nothing on it was for me, and I am worried I will be liable for half the money.
    If you co-signed for the card then both you and your partner are both are liable for all the debt, not just half.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

My exwife is the primary cardholder on her credit cards and I am a joint card holder [ 3 Answers ]

I didn't hire a lawyer when we divorced, I was stupid and trusted her, now she has financial problems and the credit card companies are hounding me, is there a form available that I can fill out to send to her to have me removed from her credit cards?

How to remove authorized user without cardholder requesting it? [ 1 Answers ]

It seems that I am an authorized user in some of my ex-boyfriend's accounts because they are negatively reflecting in my credit report. I am no longer in contact with this person and we are not in good terms. What can I do to remove his accounts from being reflected in my credit report? I...

Death of Primary Cardholder - Continued use by authorized user [ 1 Answers ]

My father died and was primary cardholder of a credit card. My mother was an authorized user on the account. Can she legally continue to use the credit card as long as she continues to make payments? Can she call company and move herself into position as primary cardholder? She's mostly...

View more questions Search